Living in Newark, Maryland
Cost of living, income, home prices, rent and demographics of Newark · Census data 2020–2024
Newark has 244 residents with a median age of 57.4. The median household income is $92,361 (11% lower than the Maryland median), the median home value is $337,500.
Newark is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newark at a glance
- Population
- 244
- Median age
- 57.4State: 39.4
- Median household income
- $92,361State: $103,678
- Median home value
- $337,500State: $419,900
- Homeowners
- 89.9%
- Bachelor's degree or higher
- 14.7%
Is Newark a good place to live?
Pros: Home values 20% lower than the state median.
Cons: Median household income 11% lower than the Maryland median.
The weather is best in April–May and September–October.
Cost of living in Newark
Housing is the biggest part of the cost of living. In Newark the median home value is $337,500, about the same as the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,531 a month in housing costs.
Newark median household income
The median household income in Newark is $92,361 and the income per person is $46,586. 0% of residents live below the poverty line (Maryland: 9.4%).
Housing in Newark: homes for sale and rent
- Housing units
- 109
- Owner-occupied
- 89.9%
- Renter-occupied
- 10.1%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 2012
- Average household size
- 2.24
Newark demographics
- Population
- 244
- Median age
- 57.4
- Under 18
- 7.8%
- 65 and older
- 33.6%
- Households
- 109
- Foreign-born
- 0%
- Veterans
- 13.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Newark ›
Education in Newark
14.7% of adults 25 and older in Newark have a bachelor's degree or higher (Maryland: 43.4%), and 4.4% have a graduate or professional degree.
Jobs and commute in Newark
- Unemployment rate
- 0%State: 4.9%
- Average commute
- —State: 31 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.1%
Newark vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newark | 244 | $92,361 | $337,500 | — |
| Berlin | 5,232 | $81,438 | $423,500 | $1,091 |
| Powellville | 230 | $119,531 | $229,300 | — |
| Whaleyville | 198 | $115,288 | $187,800 | — |
| Snow Hill | 2,659 | $48,382 | $222,900 | $981 |
| Willards | 1,280 | $75,333 | $216,100 | $1,460 |
| Pittsville | 1,950 | $73,682 | $208,900 | $1,031 |
| West Ocean City | 5,198 | $97,165 | $423,700 | $1,620 |
| Ocean Pines | 12,351 | $91,824 | $380,100 | $2,069 |
More for people moving to Newark
Newark ZIP code ›Weather and climate ›Living in Newark: FAQ
What is the median household income in Newark, MD?
The median household income in Newark is $92,361, 11% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Newark?
The median home value in Newark is $337,500, compared with $419,900 in Maryland.
Is Newark, MD a good place to live?
Pluses: home values 20% lower than the state median. Minuses: median household income 11% lower than the Maryland median.
What is the median age in Newark?
The median age in Newark is 57.4 years (Maryland: 39.4).
What is the unemployment rate in Newark?
The unemployment rate in Newark is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newark?
14.7% of adults in Newark have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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